Global Times: 'First strengthen yourself, then compete': firms in China's Yiwu focus on boosting competitiveness amid US tariffs
- Many businesses in Yiwu remain calm and confident despite the US tariffs affecting trade, emphasizing their competitiveness as key to navigating challenges.
- In the first quarter of 2025, China's manufacturing sales revenue grew by 4.8 percent year-on-year, supporting Yiwu's trade resilience.
- The Yiwu government provides financial assistance for companies to explore new international markets, ensuring stability amid tariff impacts.
- Businesses are diversifying their markets to mitigate the impact of US tariffs, finding new opportunities in Africa and the Middle East.
67 Articles
67 Articles

Global Times: 'First strengthen yourself, then compete': firms in China's Yiwu focus on boosting competitiveness amid US tariffs
BEIJING, April 26, 2025 /PRNewswire/ -- Inside a shop at the Yiwu International Trade City in East China's Zhejiang Province, visitors are greeted by a colorful array of household items such as water bottles and storage boxes in various sizes.…
Global Times: 'First strengthen yourself, then compete': firms in China's Yiwu focus on boosting competitiveness amid US tariffs - PressReach
BEIJING, April 26, 2025 /PRNewswire/ — Inside a shop at the Yiwu International Trade City in East China’s Zhejiang Province, visitors are greeted by a colorful array of household items such as water bottles and storage boxes in various sizes. At the counter, the shop owner is busy tapping away on a calculator, negotiating prices with a customer from India. This is not an ordinary store that sells only to consumers who walk into the shop, but one…
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